No medical life insurance rates.
It would be fair for the consumer to conclude that the rates for no medical life insurance would be significantly higher than those for a regular term life insurance policy.
Nothing is further from the truth.
In some cases the premiums are a little higher than you would expect them to be but not so high that you would be turn your back after examining no medical life insurance rates.
If you think about it there really is no significant difference in premiums rates.
What would happen to your family if you died? Would they have sufficient income to live on? Life Insurance is the solution. No Exam needed, just a few health questions. Get Low Cost Term Life Insurance - Coverage In Minutes, if you qualify-Find The Right Plan For You and Get A Free Quote Now
In other cases the life insurance company keeps the
rates the same as they would charge had the applicant done a medical
examination or a para-medical examination for the policy.
May I be presumptuous and assume certain things? Because no medical is done the life insurance company can issue a policy at a lower cost to them than had a medical examination been done.
The life insurance company has to pay the doctor to check out the applicant. This is not cheap.
It is therefore feasible to issue a policy on a non medical
basis as long as the life insurance company has reason to believe that
the applicant is in good health.
I also assume that they do the "inspection report" thereby opening to them the opportunity to uncover any information that would void the policy.
Non medical life insurance rates should be therefore, more often than not, the same as they would be if a medical examination was done and the applicant was found in excellent health.
Some rates are the same but some are slightly higher but not sufficient to cause alarm in a healthy buyer.
are usually issued between age 25 and age 60 or 65. People are taking better
care of themselves today. The actuaries are very aware of the mortality
rate at any given age and the premiums are calculated taking this into
These assumptions are very similar to those in their thoughts as are there when calculating premiums for a policy issued on a regular basis.
To conclude, I would recommend that you compare no medical life insurance rates but rest assured that more often than not you will get a fair deal from the life insurance company.
Should life insurance buying be seen as an urgent matter? There is something about some people that at times may cause them to procrastinate about matters that could end up being quite costly...
Let us talk affordable term insurance. You want a policy that can fit into your budget, right?
It can be a very satisfying feeling when you become aware of the advantages of whole life insurance for the first time.
The best term life insurance rate can be quite easily found on the internet today because web insurance companies have done intense research on behalf of the consumer.
I recently did some research on the development of the 30 year term insurance policy over the years. What I learned was quite interesting.